Summit Financial Group, Inc.
61
Plan:
9
73
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (61) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $199,900 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
VBA Defined Contribution Plan for Summit Financial Group, Inc. is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. VBA Defined Contribution Plan for Summit Financial Group, Inc. currently has over 300 active participants and over $8.9M in plan assets.
Retirement Plan Details
| Address |
300 North Main Street
Moorefield, WV 26836 |
| Industry | Offices of Bank Holding Companies |
| Administrator | Bette J. Albert |
| Sponsor | Danyl R. Freeman |
| Net Plan Assets | $8,940,000 |
| Total Participants | 310 |
| Avg Account Balance | $29,000 |
Compare Other Companies in Peer Group
| Marshall & Sterling Enterprises | 70.8 |
| Sanders Morris Harris Group | 69.4 |
| Platinum Equity, LLC | 67.9 |
| Superior Group | 63.2 |
| Geneva, LLC | 60.8 |
| Investors Management | 59.8 |
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